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The impact of COVID-19, rapid technological advancements, inflation, a tightening labor market, and an aging population will affect employee benefits in 2023. Delta Dental anticipates these trends for you and your clients in 2023:
A recently released KPMG CEO Outlook survey found that firms of all sizes are looking to cut costs in preparation for a possible recession. Eight out of ten CEOs anticipate a recession over the next year.
When it comes to cutting costs, small businesses don’t have to sacrifice benefits. Offering affordable dental benefits is still possible with Delta Dental’s small business dental plans – with three different price points to meet most budgets. Delta Dental PPO™ and DeltaCare® USA plans are available at each price point.
A wave of technological advances, including a huge increase in telemedicine and teledentistry, in part spurred by the COVID-19 pandemic, will continue to impact and transform dental care in 2023. These technological advances will continue to improve efficiencies, enhance patient care, and broaden accessibility. In fact, about 55% of large employers plan to increase access to virtual health services, according to a November report.
Delta Dental offers two convenient virtual dentistry options:
In a labor market still recovering from COVID-19, attracting and maintaining a high-quality workforce is more important, and difficult, than ever. As the Great Resignation continues to influence the job market, employers who are looking to expand in 2023 may find job applicants tough to find.
According to a recent survey, almost half of employees said they are currently looking or planning to look for a new job in 2023, up five percent from 2022. And a Forbes survey found that in 2022, eight percent of employees left a job they liked to find better health benefits.
A robust dental benefits package can play a key role in your clients’ success and set them apart from the competition. According to the Bureau of Labor Statistics, only 44% of civilian workers have access to dental benefits, so companies who do offer dental benefits have an extra advantage in attracting talent. What’s more, a recent survey showed that 33% say health benefits and services are the most important factor when choosing an employer.
Health care benefits are a big part of an employer’s overall salary package. And having a strong and strategic benefits package is key to recruiting and retaining valuable employees. Plus, having healthy people on the job means a higher level of employee productivity. Make sure your groups have access to the most comprehensive and affordable dental benefits by offering them Delta Dental.
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